Climate Change & Carbon Management

As we witness regulations on businesses around permissible carbon emission limits and carbon trading getting stronger around the globe, many firms are taking initiatives to record their carbon emissions and develop ways to reduce the same.

While greenhouse gas (“GHG”) inventory reporting is currently not mandatory in Kuwait, progressive companies are already identifying risks associated with GHG constraints and are voluntarily taking stock of their emissions.

In the current scenario, a company’s carbon strategy would lay down the steps for the company to enhance its growth in the carbon constrained ambience and maximize its carbon assets. The carbon strategy would also help companies to identify climate risks and opportunities, thereby reducing costs and enhancing income as well as their overall brand image. Companies would also be better prepared to comply with climate regulations, whether local or global.

Our services include:

  • Registration & certification of Carbon reduction projects & CDM’s
  • Calculating the carbon footprint of a company
  • Energy Efficiency calculation
  • Consultancy on carbon reduction & offsetting
  • Training on carbon management & reduction
  • We understand that a business’s carbon footprint has three components for purposes of developing a company-wide GHG inventory:
    1. Direct emissions which usually comes from onsite combustion and mobile sources;
    2. Indirect emissions which comes from purchased electricity and steam;
    3. Optional emissions which comes from product transport, employee business travel and/or employee commuting.

Analyzing all these three components, we come up with carbon footprint calculation of the company. Companies that take initiative to reduce emissions by committing to defined targets will gain strategic benefit by preparing themselves for the future and generate overall corporate value.

Regardless of the objectives behind a firm’s carbon management programme, it is essential to set a emission reduction goals which works in line with these objectives in a meaningful and measurable manner.

This helps the firm

  • Enhance revenue by differentiating your product or service
  • Reduce costs by setting an example and engaging staff and suppliers
  • Create a credible environmental position
  • Align with legislation

We can work with you to evaluate your performance across five key carbon management areas:

  • Opportunities and risks assessment - a systematic review of the opportunities and risks related to climate change that impact your business.
  • Greenhouse gas measurement - understand the scope and extent of your current measurement, the appropriate appreach to use and the required level of third-party verification.
  • Driving down greenhouse gases - establish the commitment levels to emission reductions in your business and your likelihood of achieving them.
  • Reporting and communication – understand and clarify the level of public reporting of your activities related to climate change you want to make and the importance of engagement with key stakeholders.
  • Governance - establish who will own the carbon management programme, what the process is for reviewing against targets and ensuring knowledge and understanding throughout the organization.

We ensure that companies get the full value from their carbon management strategies by providing a set of tools to help businesses plan an offset-inclusive carbon reduction programme, measuring their carbon emissions, setting and meeting effective emissions reductions targets, and communicating their carbon reduction programmes to stakeholders.

We know that to achieve ambitious carbon reduction targets, companies need to find the most costeffective and efficient ways of reaching their goal.

Emission reductions fall broadly into two areas:

  • Internal Reductions: Direct carbon reduction that can be done at source and occur through operational or behavioural changes.
  • Carbon Offsetting: Outsourced carbon reductions, also known as carbon offsetting, which several companies choose because they immediately deliver cost-effective, efficient emission reductions.

Often used alongside internal reductions, this method is easier to implement and cost less than some operational or behavioural changes. We assist our clients in both these areas to deliver powerful insights in the area of carbon management and climate change.